Financial Strength

As a mutual insurance company, State Mutual does not have stockholders.  The company is owned by and run for the benefit of its policyholders. As of December 31, 2009, the Company had assets in excess of $392 million, of which almost $30 million are surplus.

The Company has an outstanding record of providing benefits to its policyholders.  Since 1985 State Mutual has paid approximately:

• $198,000,000 Dividends or 88% of earnings
• $178,000,000  Death Benefits
• $307,000,000  Other Living Benefits (including Annuity payments, Surrender Payments, Endowment Payments, Health Claims, and others)